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Land

875 E 87th St, Chicago, IL 60620

For Sale
Contact for pricing

The transaction is subject to bankruptcy court approval and requires a minimum 60-day closing period.

Property SizeContact for details
Days on Market19

Property Features for 875 E 87th St

General Information

Standard status Active
Property subtype Land

Site & Location

Neighborhood Near South Side

Taxes and HOA fees

Annual Taxes $514
Listing Agency: Legacy Properties, A Sarah Leonard Company, LLC
Listed By: Nick Metrou · License #475208844
Source: Exprealty
Added: Oct 22 Changed: Nov 4 Last Checked: Nov 8 at 9:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Legacy Properties, A Sarah Leonard Company, LLC

Rey
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Investment Insights

Based on property information with market context.

This land offering is part of a bankruptcy sale at 875 E 87th St in Chicago. Closing requires court approval, with a minimum 60-day period. Purchase funds are due within 10 days after offer acceptance. The sale terms provide for a bankruptcy court order addressing liens and back taxes. No survey or title insurance is provided.

Key Highlights

  • 875 E 87th St, Chicago, IL
  • Minimum 60‑day closing period for court approval
  • Purchase funds due within 10 days of offer acceptance

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Building Supply Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

825
Businesses Nearby

Demographics for 60620, IL

66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Land in Chicago

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Frequently Asked Questions

What type of property is this?
Land - The transaction is subject to bankruptcy court approval and requires a minimum 60-day closing period.
Where is this land located?
The property is located at 875 E 87th St Chicago, IL.
What are key features of this property?
This property features: 875 E 87th St, Chicago, IL; Minimum 60‑day closing period for court approval; Purchase funds due within 10 days of offer acceptance
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